TNON vs. DYNT, QNRX, NMRD, AEMD, INVO, BJDX, IONM, STSS, AFIB, and UTRS
Should you be buying Tenon Medical stock or one of its competitors? The main competitors of Tenon Medical include Dynatronics (DYNT), Quoin Pharmaceuticals (QNRX), Nemaura Medical (NMRD), Aethlon Medical (AEMD), INVO Bioscience (INVO), Bluejay Diagnostics (BJDX), Assure (IONM), Sharps Technology (STSS), Acutus Medical (AFIB), and Minerva Surgical (UTRS). These companies are all part of the "surgical & medical instruments" industry.
Tenon Medical (NASDAQ:TNON) and Dynatronics (NASDAQ:DYNT) are both small-cap medical companies, but which is the superior stock? We will contrast the two companies based on the strength of their community ranking, profitability, analyst recommendations, earnings, dividends, risk, institutional ownership, media sentiment and valuation.
Tenon Medical currently has a consensus target price of $3.00, indicating a potential upside of 292.21%. Dynatronics has a consensus target price of $3.80, indicating a potential upside of 581.74%. Given Dynatronics' higher possible upside, analysts clearly believe Dynatronics is more favorable than Tenon Medical.
Dynatronics received 306 more outperform votes than Tenon Medical when rated by MarketBeat users. However, 100.00% of users gave Tenon Medical an outperform vote while only 50.99% of users gave Dynatronics an outperform vote.
In the previous week, Dynatronics had 2 more articles in the media than Tenon Medical. MarketBeat recorded 2 mentions for Dynatronics and 0 mentions for Tenon Medical. Dynatronics' average media sentiment score of 0.30 beat Tenon Medical's score of 0.00 indicating that Dynatronics is being referred to more favorably in the news media.
Tenon Medical has a beta of 2.24, meaning that its stock price is 124% more volatile than the S&P 500. Comparatively, Dynatronics has a beta of 0.45, meaning that its stock price is 55% less volatile than the S&P 500.
22.7% of Tenon Medical shares are held by institutional investors. Comparatively, 4.2% of Dynatronics shares are held by institutional investors. 8.4% of Tenon Medical shares are held by insiders. Comparatively, 9.1% of Dynatronics shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Dynatronics has a net margin of -14.13% compared to Tenon Medical's net margin of -532.14%. Dynatronics' return on equity of -54.88% beat Tenon Medical's return on equity.
Dynatronics has higher revenue and earnings than Tenon Medical. Dynatronics is trading at a lower price-to-earnings ratio than Tenon Medical, indicating that it is currently the more affordable of the two stocks.
Summary
Dynatronics beats Tenon Medical on 11 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding TNON and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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